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Mercedes mulls investment in Geely-backed smart driving firm, Bloomberg reports
Reuters· 2025-09-24 10:29
Core Insights - Mercedes-Benz Group is preparing to invest in Chongqing Qianli Technology, a developer of autonomous driving systems backed by Geely [1] Company Summary - The investment by Mercedes-Benz Group indicates a strategic move towards enhancing its capabilities in autonomous driving technology [1] - Chongqing Qianli Technology is positioned as a key player in the autonomous driving sector, supported by Geely, which may provide additional resources and expertise [1] Industry Summary - The autonomous driving industry is witnessing increased investments from major automotive players, reflecting a growing trend towards innovation and technological advancement [1] - Collaborations between established automotive companies and technology developers are becoming more common, aiming to accelerate the development and deployment of autonomous driving solutions [1]
Discover Dingzhou: An Eternal Gem of China
Globenewswire· 2025-09-24 10:26
DINGZHOU, China, Sept. 24, 2025 (GLOBE NEWSWIRE) -- Dingzhou, a city in China's Hebei Province, uniquely blends ancient charm with modern vitality. With a civilization history of over 5,000 years, it has witnessed the rise and fall of dynasties, the ebb and flow of cultures, and the continuous evolution of human civilization. Today, Dingzhou has transformed into a dynamic modern city that warmly welcomes visitors from around the world, proudly presenting its distinctive allure. A Media Snippet accompanying ...
Dow Jones Futures Rise, Micron Earnings Strong After Powell Hits Stocks
Investors· 2025-09-24 11:32
BREAKING: Dow Futures Rise; Micron Easily Beats Views Dow Jones futures tilted higher early Wednesday, along with S&P 500 futures and Nasdaq futures. Micron Technology (MU) rose overnight on strong earnings and guidance, a positive signat for AI, chips and data storage. The stock market rally retreated Tuesday as the Nasdaq led a retreat from record highs. Federal Reserve Chief Jerome Powell said Tuesday "equity prices are fairly… Related news 9/23/2025Ken Shreve and Ed Carson analyze Tuesday's market actio ...
Alibaba Shares Jump as AI Budget Soars Past $50 Billion
Yahoo Finance· 2025-09-24 10:24
Shares of Alibaba Group Holding Ltd. surged to their highest in nearly four years as the company revealed plans to ramp up AI spending past an original $50 billion-plus target. Tom Mackenzie reports on Bloomberg Television. ...
Sure, there's a risk of a bubble in AI stocks, so invest in them, says Wells Fargo strategist
MarketWatch· 2025-09-24 10:24
Wells Fargo's chief equity strategist Ohsung Kwon said the AI trade will continue to dominate stock market gains, until this beaten-down area of the economy starts to show signs of life. ...
Oil News: Bullish Oil Outlook Builds on API Draw and Stalled Kurdish Production
FX Empire· 2025-09-24 10:23
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2 Stocks Goldman Sachs Believes Could Outperform from Here — Here’s the Case
Yahoo Finance· 2025-09-24 10:20
It’s been clear for a while that the Fed was leaning toward easier policy, and that shift is now underway. The central bank cut its benchmark interest rate by a quarter-point last week – the first move of its kind since last December. Now, all eyes are on what comes next. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Economists expect to see additional cutt ...
FTNT INVESTOR NOTICE: Robbins Geller Rudman & Dowd LLP Announces that Fortinet, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
Globenewswire· 2025-09-24 10:20
SAN DIEGO, Sept. 24, 2025 (GLOBE NEWSWIRE) -- The law firm of Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of Fortinet, Inc. (NASDAQ: FTNT) common stock between November 8, 2024 and August 6, 2025, both dates inclusive (the “Class Period”), have until November 21, 2025 to seek appointment as lead plaintiff of the Fortinet class action lawsuit. Captioned Oklahoma Firefighters Pension and Retirement System v. Fortinet, Inc., No. 25-cv-08037 (N.D. Cal.), the Fortinet class action law ...
PICPA report discusses the impact of technology on audit
Yahoo Finance· 2025-09-24 10:19
The Pennsylvania Institute of Certified Public Accountants (PICPA) has published a report, "The Future of the Audit: Building Relevance and Sustaining Quality," which delves into the impact of technological advancements on audit services. This study highlights the critical role of technology in improving audit quality and the steps firms must take to address the demands for transparency and trust. Findings from the report are based on contributions from 115 auditors across various sectors, including corp ...
S&P 500, Nasdaq futures edge up after Powell points to inflation risk
Yahoo Finance· 2025-09-24 10:18
By Niket Nishant and Sukriti Gupta (Reuters) -Futures tied to the S&P 500 and the Nasdaq nudged higher on Wednesday as investors assessed measured comments from U.S. Federal Reserve Chair Jerome Powell and looked ahead to key economic data due later in the week. While the recent numbers point to a resilient economy, commentary from Fed officials has injected some wariness, especially about the labor market. Powell added to the cautious tone on Tuesday, noting that asset prices appeared fairly highly valu ...